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Copa Holdings, S.A. - $CPA STOCK NEWS

Welcome to our dedicated page for Copa Holdings, S.A. news (Ticker: $CPA), a resource for investors and traders seeking the latest updates and insights on Copa Holdings, S.A. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Copa Holdings, S.A.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Copa Holdings, S.A.'s position in the market.

News
COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR NOVEMBER 2023
Rhea-AI Summary
Copa Holdings, S.A. (NYSE: CPA) reports a significant increase in passenger traffic for November 2023. The company's capacity (ASMs) rose by 11.9%, and system-wide passenger traffic (RPMs) increased by 12.4% compared to 2022. The system load factor for the month was 87.4%, marking a 0.4 percentage point increase from November 2022. Copa Holdings is a prominent Latin American provider of passenger and cargo services, operating in North, Central, and South America, and the Caribbean.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.54%
Tags
none
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News
Copa Holdings Reports Financial Results for the Third Quarter of 2023
Rhea-AI Summary
Copa Holdings, S.A. (NYSE: CPA) announced its financial results for the third quarter of 2023 (3Q23). The company reported a net profit of US$187.4 million for 3Q23, with an operating profit of US$205.0 million and a 23.6% operating margin. Passenger traffic increased by 13.3% year over year, with capacity increasing by 12.1%. The load factor for the quarter increased to 87.8%, and total revenues for 3Q23 increased by 7.2% to US$867.7 million. Operating cost per available seat mile (CASM) decreased by 11.2% from 10.5 cents in 3Q22 to 9.3 cents in 3Q23. The company ended the quarter with approximately US$1.2 billion in cash. Copa Holdings also announced a new US$200 million Share Repurchase Program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
Tags
earnings
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News
COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR OCTOBER 2023
Rhea-AI Summary
Copa Holdings, S.A. (NYSE: CPA) released preliminary passenger traffic statistics for October 2023, showing a 12.0% increase in capacity (ASMs) and a 10.2% increase in system-wide passenger traffic (RPMs) compared to 2022. However, the system load factor for the month was 87.6%, 1.4 percentage points lower than in October 2022. Copa Holdings is a leading Latin American provider of passenger and cargo services, operating in North, Central, and South America and the Caribbean.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.5%
Tags
none
News
COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR SEPTEMBER 2023
Rhea-AI Summary
Copa Holdings announces monthly traffic statistics for September 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.07%
Tags
none
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News
Copa Holdings Announces Third Quarter 2023 Financial Results Release Schedule
Rhea-AI Summary
Copa Holdings announces Q3 2023 financial results release schedule
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
Tags
earnings
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News
COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR AUGUST 2023
Rhea-AI Summary
Copa Holdings' August 2023 passenger traffic increases, with capacity up by 12.8% and system-wide traffic up by 13.3% compared to 2022. Load factor improves by 0.3 p.p.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
Tags
none
News
COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR JULY 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
Copa Holdings Reports Financial Results for the Second Quarter of 2023
Rhea-AI Summary
Copa Holdings reports a net profit of US$17.5 million for 2Q23, with an operating profit of US$194.7 million and a 24.1% operating margin. Passenger traffic increased by 15.4% and total revenues increased by 16.7% to US$809.2 million. The company ended the quarter with approximately US$1.3 billion in cash and total debt of US$1.8 billion. Copa Airlines received two Boeing 737 MAX 9 aircraft during the quarter and expects to end the year with 107 aircraft. The company will also start service to Barquisimeto, Venezuela, in October 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.44%
Tags
earnings
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News
Copa Holdings, S.A. Announces Redemption of 4.50% Convertible Senior Notes Due 2025
Rhea-AI Summary
Copa Holdings, S.A. (NYSE: CPA) announced the redemption of its outstanding 4.50% Convertible Senior Notes due 2025, totaling $350 million, on September 18, 2023. The redemption price will be 100% of the principal amount plus accrued and unpaid interest. The company also stated that the Notes may be converted before September 15, 2023, with a conversion rate of 20.1603 shares of Copa common stock per $1,000 principal amount of Notes. The press release serves as a notice of full redemption to all registered holders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.29%
Tags
none
News
COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR JUNE 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.38%
Tags
none
Stock CPA logo
Copa Holdings, S.A.

NYSE:CPA

CPA Rankings

#1283 Ranked by Market Cap
#1682 Ranked by Stock Gains
#480 Ranked by Dividends

CPA Stock Data

4.60B
31.00M
95.95%
1.4%
Scheduled Passenger Air Transportation
Transportation and Warehousing
Link
United States of America
Complejo Business Park Torre Norte

About CPA

Copa Holdings, S.A. is a publicly traded foreign private issuer listed on the New York Stock Exchange and parent company of Panamanian carrier Copa Airlines and its subsidiary, Colombian carrier Copa Airlines Colombia. It is headquartered in Panama City, Panama.